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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%

Price spread now: BingX against Extended+0.098%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.098% dearer against Extended than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended 1000BONK-USD	0.000003575	0.0104	pay 0.0013% / 1h	1m 43s	$23K	$4K	25x
Short	BingX 1000BONK-USDT	0.000003579	0.0100	get 0.0050% / 4h	1h 01m	—	$5.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee BingXbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$0.84
Price spread: +0.098% → 0.000%: $9.79
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$6.05
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; BingX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended no order-book sample	—	—	—	—	—
Sell BingX live order book, 3 min ago	4.18 bp	13.6 bp −$14	27.9 bp −$279	66.2 bp −$6,617	460.0 bp −$230.0K

Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BONK on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International 1000BONK-PERP-INTX	−0.0016%	1h	0.000003575	−0.014%	$45K	$63K	50x	as long as short
dYdX BONK-USD	0.0000%	1h	0.000003573	−0.062%	$13K	$3K	10x	as long as short
gTrade (Gains Network) BONK/USD	L +0.0001% / S +0.0001%	1h	0.000003579	+0.101%	$25	—	150x	as long as short
Injective BONK/USDC PERP	+0.0033%	1h	0.000003274	−8.432%	$3K	$113	5.5x	as long as short
Reya kBONKRUSDPERP	+0.0083%	1h	0.000003580	+0.124%	$4	—	15x	as long as short
BloFin 1000BONK-USDT	+0.0099%	4h	0.000003586	+0.294%	$1.1M	$19.6M	75x	as long as short
Nado kBONK-PERP	+0.0100%	1h	0.000003581	+0.168%	$62K	$128K	10x	as long as short
Aster 1000BONKUSDT	+0.0100%	4h	0.000003578	+0.079%	$60K	$311K	10x	as long as short
Pacifica kBONK	+0.0100%	1h	0.000003576	+0.014%	$119K	$139K	10x	as long as short
Binance 1000BONKUSDT	+0.0100%	4h	0.000003578	+0.064%	$18.5M	$82.6M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000BONKUSDT	+0.0100%	4h	0.000003571	−0.120%	$12.3M	$25.3M	50x	as long as short
OKX BONK-USDT-SWAP	+0.0100%	8h	0.000003574	−0.042%	$2.9M	$14.2M	20x	as long as short
Gate BONK_USDT	+0.0100%	4h	0.000003580	+0.126%	$977K	$3.5M	50x	as long as short
MEXC 1000BONK_USDT	+0.0100%	4h	0.000003576	+0.014%	$12.3M	$9.4M	125x	as long as short
KuCoin 1000BONKUSDTM	+0.0100%	4h	0.000003576	+0.008%	$3.0M	$10.9M	75x	as long as short
Bitget 1000BONKUSDT	+0.0100%	4h	0.000003573	−0.070%	$4.6M	$4.9M	75x	as long as short
BingX 1000BONK-USDTshort	+0.0100%	4h	0.000003579	+0.098%	—	$5.0M	—
Variational Omni 1000BONK	+0.0100%	4h	0.000003594	+0.514%	$338K	$156K	—	as long as short
ApeX Omni 1000BONKUSDT	+0.0100%	1h	0.000003586	+0.294%	$60K	$706K	25x	as long as short
Orderly PERP_1000BONK_USDC	+0.0100%	4h	0.000003582	+0.182%	$31K	$52K	20x	as long as short
SunX BONK-USDT	+0.0100%	4h	0.000003588	+0.350%	$2K	$15K	20x	as long as short
SoDEX 1000BONK-USD	+0.0100%	1h	0.000003583	+0.210%	$2K	$7K	10x	as long as short
HTX BONK-USDT	+0.0100%	4h	0.000003584	+0.238%	$102K	$132K	30x	as long as short
Extended 1000BONK-USDlong	+0.0104%	1h	0.000003575	long leg	$23K	$4K	25x
Aevo 1000BONK-PERP	+0.0104%	1h	0.000003578	+0.070%	$4K	—	3x	as long as short
GMX BONK/USD [ETH-USDC]	L +0.0196% / S −0.3950%	1h	0.000003000	−16.096%	$547	—	100x	as long as short
Lighter 1000BONK	+0.0216%	1h	0.000003578	+0.070%	$251K	$750K	10x	as long as short
Deribit 1000BONK_USDC-PERPETUAL	+0.0588%	1h	0.000003584	+0.238%	$35K	$176K	10x	as long as short
Hyperliquid kBONK	+0.1292%	1h	0.000003582	+0.182%	$12.3M	$8.0M	10x	as long as short
Backpack kBONK_USDC_PERP	+0.1620%	1h	0.000003587	+0.322%	$55K	$23K	10x	as long as short
Kraken Futures PF_BONKUSD	+0.3004%	1h	0.000003594	+0.516%	$221K	$223K	50x	as long as short